Germany wants one million EVs by 2020
The so-called "national platform for electric mobility" comes after Merkel pledged to have one million electric vehicles on the road within the next decade.
Merkel says there needs to be greater independence from natural resources. She is pushing sustainable technologies that will help limit the effects of climate change.
BMW AG's chief executive Norbert Reithofer says Germany is well positioned to become a technology leader in that market.
He says: "To make this happen, our leaders in politics and industry have to be pulling in the same direction."
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Quebec Halts Crypto Mining Electricity Requests
MONTREAL - Major Canadian electricity provider Hydro-Québec will temporarily stop processing requests from cryptocurrency miners in order for the company to fulfil its obligations to supply energy to the entire province, according to a press release published June 7.
Hydro-Québec is experiencing “unprecedented” demand from blockchain companies, which reportedly exceeds the electric utility’s short and medium-term capacity. In this regard, the Quebec provincial government has ordered Hydro-Québec to halt electric power sales to cryptocurrency miners, and announced a new framework for this category of electricity consumers.
In the coming days, Hydro-Québec will reportedly file an application to local energy regulator Régie de…
